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Mathematically it's 120.65. I have a feeling that .325mm radius difference is within SWAG.
I've seen posts where they say that the load on the studs using a 120mm vs. 120.65mm bolt circle is pretty high.I'd recommend using "wobble nuts" if going to run with a BMW style bolt circle. Let me know if you need a link.
Ricer!
120.5 is bit better than 120 though, right?
I trust these rims are hub centric?